1A, WOODFIELD CLOSE, SPALDING, PE11 2PU - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A WOODFIELD CLOSE is a very large extended detached house of 208m², built sometime between 1983 and 1990, which could now be worth an estimated £398,536. It was last sold for £425,000 in August 2022, which was around 43% above the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was C.

1A WOODFIELD CLOSE Sold Prices

Land registry data shows four sales for 1A WOODFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the four 1A WOODFIELD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 AUG	£425,000	£296,650	43% above HPI
2004 18 JUN	£190,000	£154,648	23% above HPI
2002 21 JUN	£134,995	£108,738	24% above HPI
1997 31 JAN	£75,500	£55,118	37% above HPI

1A WOODFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 1A WOODFIELD CLOSE sales between January 1997 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1A WOODFIELD CLOSE be worth now?

1A WOODFIELD CLOSE might now be worth an estimated £398,536.

This is based on house price deflation of 6.2%, between August 2022 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% deflationary decrease is applied to the most recent sale price for 1A WOODFIELD CLOSE of £425,000 on 15th August 2022. For the value to have decreased from £425,000 to £398,536 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1A WOODFIELD CLOSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 1A WOODFIELD CLOSE has not materially changed since August 2022.

How Large is 1A WOODFIELD CLOSE?

1A WOODFIELD CLOSE is 208m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 1A WOODFIELD CLOSE lies on this distribution: 97% of detached houses houses are smaller than 1A WOODFIELD CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Spalding.

1A WOODFIELD CLOSE: Plot and Title Map

1A WOODFIELD CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 1A WOODFIELD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1A WOODFIELD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1A WOODFIELD CLOSE?

1A WOODFIELD CLOSE is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 1A on WOODFIELD CLOSE.